Two game theoretic solution theories, the M1 (i) bargaining set and the M1 (im) modified bargaining set, were tested competitively in six three-person games with side-payments. Subjects were 90 males who participated in 30 bargaining groups. Results showed that M1 (im) is significantly and...

This study evaluates the importance of accurately modeling strategic threats in complex multilateral conflict-of-interest decision problems. The objective is to improve prescriptive accuracy when cooperative n-person game theory is applied to the analysis of such problems. A competitive...

This article reports an experimental test of the M1 (im) Cooperative and M1 (im) Shapley bargaining set solutions in 3-person superadditive, sidepayment games with nonempty core. The results indicate that, on an overall basis, M1 (im) Cooperative has greater predictive accuracy than does M1 (im)...